New agenda

TravTalk - India - - Highlight -

The pri­mary con­cern that we would take up is the hur­dle of mul­ti­ple tax­a­tion. We have 22- 24 per cent tax­a­tion on ho­tels and 18- 20 per cent taxes on F& B. We get around six mil­lion FTAs in In­dia. Even our neigh­bour­ing coun­tries such as Hong Kong, Sin­ga­pore, Thai­land

don’t have taxes be­yond 7- 10 per cent. They ob­vi­ously get three to four times the for­eign tourists In­dia re­ceives. There is some les­son in it. You can ei­ther have 20 per cent taxes and get six mil­lion FTAs or you can have ten per cent taxes and get 12 mil­lion in­bound. This also dis­cour­ages dis­cre­tionary spend­ing by do­mes­tic tourists as well. Thus, reg­u­la­tory is­sues such as mul­ti­ple tax­a­tion that are ad­versely im­pact­ing In­dia’s hos­pi­tal­ity and tourism sec­tor will be taken up this year.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.